Is CBAK Energy Technology, Inc. (CBAT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 33.7% / 30% | 12.2% / 30% | 50.1% / 30% | 0.14% / 5% | ✗ NOT HALAL |
| DJIM | 33.7% / 33% | 12.2% / 33% | 50.1% / 33% | 0.14% / 5% | ✗ NOT HALAL |
| MSCI | 10.0% / 33% | 3.6% / 33% | 14.8% / 33% | 0.14% / 5% | ✓ HALAL |
| S&P | 33.7% / 33% | 12.2% / 33% | 50.1% / 33% | 0.14% / 5% | ✗ NOT HALAL |
| FTSE | 10.0% / 33% | 3.6% / 33% | 14.8% / 50% | 0.14% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 10.8% | |
| Operating Margin | -6.6% | |
| Net Margin | -4.0% | |
| Return on Equity (ROE) | -7.0% | |
| Return on Assets (ROA) | -3.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $40M |
| Free Cash Flow | $23M |
| Total Debt | $30M |
| Debt-to-Equity | 32.1 |
| Current Ratio | 0.7 |
| Total Assets | $302M |
Price & Trading
| Last Close | $0.80 |
| 50-Day MA | $0.91 |
| 200-Day MA | $0.95 |
| Avg Volume | 176K |
| Beta | 1.3 |
|
52-Week Range
$0.57
| |
About CBAK Energy Technology, Inc. (CBAT)
CBAK Energy Technology, Inc., together with its subsidiaries, manufacture, commercialization, and distribution of standard and customized lithium and sodium batteries in Mainland China, Europe, and internationally. It operates in two segments, CBAK and Hitrans. The company is also involved the development and manufacturing of nickel-cobalt-manganese precursor and cathode materials. Its products are used in electric cars, electric buses, hybrid electric cars and buses; electric bicycles, electric motors, electric tricycles and smaller-sized electric cars; and rnergy storage application that includes residential energy supply and uninterruptible power supply application, and other high-power applications. The company was formerly known as China BAK Battery, Inc. and changed its name to CBAK Energy Technology, Inc. in January 2017. CBAK Energy Technology, Inc. is based in Dalian, China.
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Frequently Asked Questions
Is CBAK Energy Technology, Inc. (CBAT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CBAK Energy Technology, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is CBAK Energy Technology, Inc.'s debt ratio?
CBAK Energy Technology, Inc.'s debt ratio is 33.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 10.0%.
What are CBAK Energy Technology, Inc.'s key financial metrics?
CBAK Energy Technology, Inc. has a market capitalization of $72M, and revenue of $177M. The company maintains a gross margin of 10.8% and a net margin of -4.0%. Return on equity stands at -7.0%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.